Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2024
Dec. 31, 2023
 CURRENT ASSETS:    
 Cash $ 6,266,296 $ 2,441,842
 Accounts receivable, net 403,441 1,462,463
 Contract assets 635,774 641,947
 Inventory 605,356 1,526,165
 Prepaid expenses and other current assets 176,338 184,478
 Note Receivable, net
 Total Current Assets 8,087,205 6,256,895
 Inventory – non current 196,315
 Property and equipment, net 2,771,779 726,507
 Operating lease right of use asset - Office Lease 4,028,397 4,373,155
 Financing lease right of use asset - Edge Data Centers 2,019,180
 Security deposit 500,000 550,000
 OTHER ASSETS:    
 Equity Investment - Sawgrass APR Holdings LLC 7,233,000
 Intangible Asset, net 9,592,118
 Note Receivable, net 153,750
 Patents and trademarks, net 127,300 129,140
 Software development costs, net 403,383 652,838
 Total Other Assets 17,355,800 935,728
 TOTAL ASSETS 34,958,677 12,842,285
 CURRENT LIABILITIES:    
 Accounts payable 969,822 595,634
 Notes payable - financing agreements 17,072 41,976
 Accrued expenses 373,251 164,113
 Operating lease obligations - Office Lease -current portion 798,556 779,087
 Financing lease obligation - Edge Data Centers - current portion 367,451
 Notes payable, net of discount- related parties 1,758,396
 Contract liabilities, current 11,805,018 1,666,243
 Total Current Liabilities 16,089,566 3,247,053
 Contract liabilities, less current portion 11,016,134
 Operating lease obligations - Office Lease, less current portion 3,867,042 4,228,718
 Financing lease obligation - Edge Data Centers, less current portion 1,724,604
 Total Liabilities 32,697,346 7,475,771
 STOCKHOLDERS' EQUITY:    
Common stock: $0.001 par value; 500,000,000 shares authorized, 8,922,576 and 7,306,663 shares issued, 8,921,252 and 7,305,339 shares outstanding at December 31, 2024 and December 31, 2023, respectively 8,921 7,306
 Additional paid-in-capital 76,777,856 69,120,199
 Accumulated deficit (74,368,009) (63,603,552)
 Sub-total 2,418,783 5,523,966
 Less: Treasury stock (1,324 shares of common stock  at December 31, 2024 and December 31, 2023) (157,452) (157,452)
 Total Stockholders' Equity 2,261,331 5,366,514
 Total Liabilities and Stockholders' Equity 34,958,677 12,842,285
Convertible Series A Preferred Stock [Member]    
 STOCKHOLDERS' EQUITY:    
Preferred stock, value
Convertible Series B Preferred Stock [Member]    
 STOCKHOLDERS' EQUITY:    
Preferred stock, value
Convertible Series C Preferred Stock [Member]    
 STOCKHOLDERS' EQUITY:    
Preferred stock, value
Convertible Series D Preferred Stock [Member]    
 STOCKHOLDERS' EQUITY:    
Preferred stock, value 1 1
Convertible Series E Preferred Stock [Member]    
 STOCKHOLDERS' EQUITY:    
Preferred stock, value 14 12
Convertible Series F Preferred Stock [Member]    
 STOCKHOLDERS' EQUITY:    
Preferred stock, value